Bankia case - Spain (39 images)

Bankia, a merger of seven Spanish savings banks, is in the eye of the hurrican, identified as one of Spain’s most troubled banks that have caused the current banking crisis.
The public prosecutor did not intend to open an investigation until Bankia’s accounts had been revised, but the scandal the Bankia crisis has provoked in the Spanish society after the extent of the problem was known led the prosecutor to act. Spain’s attorney-general, Eduardo Torres-Dulce, told...more »

Bankia, a merger of seven Spanish savings banks, is in the eye of the hurrican, identified as one of Spain’s most troubled banks that have caused the current banking crisis.
The public prosecutor did not intend to open an investigation until Bankia’s accounts had been revised, but the scandal the Bankia crisis has provoked in the Spanish society after the extent of the problem was known led the prosecutor to act. Spain’s attorney-general, Eduardo Torres-Dulce, told Efe, the Spanish news agency, that the judicial procedure, which was opened by the anticorruption team on May 28, will look into “determined situations in the process of the creation of Bankia,” as well as its introduction on the market, to establish if there were any wrongdoings that could have been against the law.« less